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Daily Archives: July 5, 2024
Treasuries see recession-style employment trends, stocks should too
The US unemployment rate in June ticked up to 4.1% (from 4% in May, red line below since 2021, and 70 basis points above the 3.4% cycle low in 2022). Full-time job creation fell to a 39-month low and part-time … Continue reading
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